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Amid layoffs, Microsoft beats estimates with strong Q3 results driven by AI

Microsoft's cloud business Azure experienced a 27 per cent growth in the latest reported quarter, surpassing analysts' expectations for 26.6 per cent growth

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Microsoft Q3 results: Profit rises 9% to $52 9 billion, shares jump 8 58%

Microsoft said its cloud computing and artificial intelligence offerings lifted its revenue and profit in the first three months of this year.

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Where next for MSFT stock ahead of Q3 2022 earnings

Big Tech is set to a see a slowdown in growth in 2022, but Microsoft is forecast to deliver the fastest earnings growth this year.

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